Defined contribution (DC) plans play an increasingly important role in employees’ retirement income security. For more than two decades, we’ve helped employers with the recordkeeping, customer service, and communication responsibilities associated with managing this critical retirement benefit.
Today, we’re the leading independent provider of DC administration services, serving hundreds of clients with retirement assets in excess of $200 billion. Our independence—we’re the only major provider not affiliated with a financial services or mutual fund company—ensures maximum flexibility in investment options and even greater cost control.
A full spectrum of DC services
Our comprehensive DC administrative services include:
- Management of participant data
- Compliance
- Customer service support
- Design and implementation of employee communication programs that maximize enrollment and contribution rates through behavioral finance expertise
- Sophisticated integration with payroll, investment managers, and brokers
Value-added services from the leading authority
proprietary research is the industry standard for helping employers and employees maximize the value of their DC plans. The Hewitt 401(k) Index&trade example, summarizes monthly 401(k) transfer activity for nearly 20 million participants, giving employers deep insight into employee behavior patterns.
To help clients identify and address barriers to plan participation and maximize the value of the DC benefit, our proven DC IMPACT™ process combines the latest research and behavior-based techniques into a tailored package of solutions spanning plan design, employee communication, and education.
DC IMPACT’s sophisticated data segmentation gives plan sponsors the power to assess and respond to employee investment behavior—from employee contributions to how often they transfer money between plans—in real time.
Please contact us to learn how our outsourcing solutions can put you in control of your benefit programs.
Tools
Employee Tools
Employer Tools
DC IMPACT™ and Hewitt 401(k) Index™ are trademarks of Hewitt Associates LLC
Your Benefits Resources™ is a trademark of Hewitt Management Company LLC